If the probability of the Sell becomes fridays pick, we stand to see a lot of momentum to the downside. Keep your eyes open on both the sell & the buy probabilities
We are right in the centre of a consolidation zone. We are looking for a push to the downside to gain maximum returns until price reaches the next zone
We just received a break to the topside, i've currently opened my buy orders with a very tight stop loss. If price hits my stop & decides to sell, it will trigger my sell pending orders, either way we are getting paid in nasdaq today
We are seeing price form heavy support by throwing spikes on the moving average in the H1 chart. Price is most likely going to bounce up to the next resistance zone which is where we are looking forward to taking our profits.
As we can see, Nasdaq has hit a very solid support level and pulled back. Nasdaq is currently in a huge consolidation zone on the H4, so it only makes sense for it to either bounce back up & consolidate some more or break beyond.
Analysis is telling us that we are looking at a really good buy opportunity from this support level which can create new highs with the...
